“What A Medicare Advantage Personal Care Benefit Looks Like”

What A Medicare Advantage Personal Care Benefit Looks Like,” by Howard Gleckman, Forbes

“Earlier this year, Congress and the Trump Administration for the first time allowed Medicare Advantage plans to offer their members non-medical supportive services such as transportation and home meals. As insurers begin to roll out their plans for Medicare’s 2019 open season enrollment, we are starting to see what these new benefits are going to look like. … For their part, the plans will learn the answers to two fundamental questions: How much will adding these services cost, and do consumers want to buy them?”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Kind of looks like the early days of LTC insurance with insurers offering plans based on little actuarial experience. What could possibly go wrong?

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